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An Increase in the Price of Dairy Products Produced Domestically

Question 40

Multiple Choice

An increase in the price of dairy products produced domestically will be reflected in


A) both the GDP deflator and the consumer price index.
B) neither the GDP deflator nor the consumer price index.
C) the GDP deflator but not in the consumer price index.
D) the consumer price index but not in the GDP deflator.

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